US Business Growth Stalls Amid Supply Chain Strains | Business and Finance News

Business in the U.S. is showing mixed signals: July saw the fastest growth in eight months, fueled by booming services like restaurants and hotels thanks to big events, but manufacturing hit a new low with supply delays and rising costs. Experts warn Middle East tensions could worsen the situation, making this growth fleeting. Prices are surging — the fastest increase in nearly four years — squeezing consumers as businesses pass on higher costs. Yet, there’s a silver lining: companies are regaining confidence and actually started hiring again for the first time in months. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/d3d98dd75fb0aee2